Approximating Nash equilibrium for optimal consumption in stochastic growth model with jumps

DOI10.1007/S10114-022-0529-4MaRDI QIDQ2084829zbMATH OpenOpenAlexFDO

Authors Tong Qing Li, Lijun Bo

Publication date 13 October 2022

Published in Acta Mathematica Sinica, English Series (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10114-022-0529-4

zbMATH Keywords

fixed pointoptimal consumptionjump processesstochastic growthmean field interactionapproximating Nash equilibrium

Mathematics Subject Classification ID

Dynamic games (91A25) Economic growth models (91B62) Stochastic models in economics (91B70) Optimal stochastic control (93E20) Mean field games (aspects of game theory) (91A16)

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Cites work

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• Large-Population Cost-Coupled LQG Problems With Nonuniform Agents: Individual-Mass Behavior and Decentralized $\varepsilon$-Nash Equilibria
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• Mean field and \(n\)-agent games for optimal investment under relative performance criteria
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• Mean field games for stochastic growth with relative utility
• Mean field games with nonlinear mobilities in pedestrian dynamics
• Mean field production output control with sticky prices: Nash and social solutions
• Optimal Consumption in a Growth Model with the Cobb–Douglas Production Function
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Cited in

(2)

• scientific article; zbMATH DE number 850946 (Why is no real title available?)
• Mean field games with unbounded controlled common noise in portfolio management with relative performance criteria

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